Fifth Third Securities Inc. Acquires 12,566 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Fifth Third Securities Inc. raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 30.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 53,663 shares of the company’s stock after purchasing an additional 12,566 shares during the quarter. Fifth Third Securities Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,681,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock worth $8,674,000 after acquiring an additional 8,687 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock valued at $34,396,000 after purchasing an additional 24,527 shares during the last quarter. Cetera Investment Advisers grew its stake in Invesco S&P 500 Top 50 ETF by 37.9% in the 2nd quarter. Cetera Investment Advisers now owns 251,440 shares of the company’s stock valued at $11,503,000 after buying an additional 69,107 shares during the last quarter. Keystone Wealth Services LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 5.5% in the third quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock valued at $2,235,000 after purchasing an additional 2,457 shares during the last quarter. Finally, Claro Advisors LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the third quarter worth approximately $422,000.

Invesco S&P 500 Top 50 ETF Price Performance

XLG opened at $50.97 on Friday. The company has a market capitalization of $4.97 billion, a PE ratio of 2.92 and a beta of 1.08. The business has a fifty day simple moving average of $50.47 and a 200 day simple moving average of $48.07. Invesco S&P 500 Top 50 ETF has a 1 year low of $38.82 and a 1 year high of $51.80.

Invesco S&P 500 Top 50 ETF Company Profile

Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index.